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refers to the rate at which two currencies are exchanged one-for-another.

1 vote

BTC/USD price changes approximately the same way over many exchanges at the same time, how?

There are a lot of traders who are are running arbitrage strategies. The whole premise is that, if the value of BTC relative to USD increases/decreases on one exchange due to a short term decrease/inc …
Tanmay's user avatar
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Crypto Exchange Price based on BTC

When you talk about the price on the X-BTC market, that's what the market thinks is the fair price for X relative to BTC. When people trade BTC-USD, they don't really concern themselves with "oh, what …
Tanmay's user avatar
  • 186